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Elite City buying-a-home-1280x640 5 mistakes to avoid when buying a home in Dubai Property Updates

5 mistakes to avoid when buying a home in Dubai

Buying a house is no joke if you are investing your life’s savings into it. A real estate investor looking for a second home to rent out needs to be cautious too. Top real estate market experts in Dubai and identified the top five risks that an investor must avoid during the home-buying process. 1. […]

Elite City SigningPapers Due diligence for homebuyers Property Updates

Due diligence for homebuyers

Buying a property can be expensive and stressful. You need to consider what your current financial commitments are and what you can afford towards a property. Costs to consider are fees for agency, legal, land transfer, life insurance, building insurance and other miscellaneous fees. Ongoing monthly payments to consider are property payments in case of […]

Elite City shutterstock_image-17 Calculating your real estate investment return Property Updates

Calculating your real estate investment return

High rental yields or strong capital growth: which is best for you? When considering an investment in real estate, it is important to decide the type of income you wish to earn from the property. Capital gain and rental yields are two ways to earn money as a property investor, so it is important to […]

Elite City shutterstock_image-6 Off-plan property investment secrets Property Updates

Off-plan property investment secrets

Buying off-plan has been a bit of a dirty word since the dark days of the property crash in 2008, when scores of buy-to-flip investors were left out of pocket. However, as speculated, off-plan buying is making a comeback in 2018. Most major developers now offer generous payment plans for their off-plan projects, yet in […]

Elite City shutterstock_image-15 Six reasons to invest in Dubai property Property Updates

Six reasons to invest in Dubai property

Nearly 10,000 foreigners accounted for Dh21b in realty investments in the first half of the year. According to the Dubai Land Department (DLD), there were 27,642 real estate transactions in Dubai worth Dh111 billion during the first six months of the year. Some 9,935 foreign investors accounted for 11,889 transactions worth more than Dh21 billion. […]

Elite City shutterstock_image-14 Demand to soon outstrip supply for Dubai homes Property Updates

Demand to soon outstrip supply for Dubai homes

A surge of supply is expected to hit the Dubai residential market in the run-up to 2020. This is a result of the slew of off-plan launches witnessed in the past two years, riding high on incentives offered by developers. However, concern is being raised in some quarters on how demand will be generated to […]

Elite City 2017-02-09_Getting-Real-with-Real-Estate-Part-II_FB The UAE economy is set for rebound from this year Property Updates

The UAE economy is set for rebound from this year

The UAE economy, which faced a more than anticipated slowdown in economic growth in 2017, is expected to bounce back from this year thanks to the higher oil prices and the various fiscal reforms packages announced by the government, according to economists. “The announced stimulus and structural reform measures comfort us in our view that […]